Banks-Insurance
Finance Ministry Raises RON526M From Banks On May 8
Romania's Finance Ministry raised RON526 million from banks on Thursday (May 8), selling discount treasury bills (T-bills) due in December 2025, at an annual average yield of 8.21%.
Romanian Leu Further Weakens At 5.122 Units Versus Euro On May 8
The Romanian leu further depreciated versus the euro by midday Thursday (May 8) and the central bank set the official exchange rate at 5.1222 units per euro, which is 0.45% weaker than 5.099...
Three-Month ROBOR Crosses 7% Threshold On May 8
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-d...
Groupama 2024 Net Profit Soars 31% To RON285M
Groupama, leader of Romania insurance market, in 2024 registered a record high net profit of RON285 million, 31% higher than in 2023 and 17 times above the 2020 level.
Moody’s Changes tbi bank’s Rating Outlook From Stable To Positive
International rating agency Moody's Investors Service (Moody's) has changed the outlook on the long-term deposit ratings of tbi bank from "stable" to "positive".
Romanian Leu Hits New Record Low Of 5.0991 Vs Euro Amid Lingering Political Tension
The Romanian leu depreciated further against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 5.0991 units, amid lingering political tension...
Three-Month ROBOR Spikes To 6.47% On May 7
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-d...
Three-Month ROBOR Climbs To 6.08% On May 6
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-d...
Romanian Leu Slumps To All-Time Low At 5.0378 Versus Euro Amid Political Turmoil
The Romanian leu has dropped to an all-time low against the euro on Tuesday (May 6), as the central bank's reference rate stood at RON5.0378 lei per euro against the backdrop of political in...